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Palestra Capital Management Portfolio holdings
AUM
$2.57B
1-Year Est. Return
29.93%
This Fund
S&P 500
This Quarter
Est. Return
+6.1%
1 Year Est. Return
+29.93%
3 Year Est. Return
+164.38%
5 Year Est. Return
+171.56%
10 Year Est. Return
+984.02%
AUM
$779M
AUM Growth
+$292M
(+60%)
Cap. Flow
+$278M
Cap. Flow
% of AUM
35.71%
Top 10 Holdings %
Top 10 Hldgs %
47.73%
Holding
40
New
13
Increased
13
Reduced
2
Closed
12
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
TFCF
Twenty-First Century Fox, Inc. Class B
TFCF
|
+$32.9M |
| 2 |
American Airlines Group
AAL
|
+$32.4M |
| 3 |
Advance Auto Parts
AAP
|
+$30M |
| 4 |
United Rentals
URI
|
+$29.2M |
| 5 |
Popular Inc
BPOP
|
+$28.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Aon
AON
|
+$21.1M |
| 2 |
CLGX
Corelogic, Inc.
CLGX
|
+$20.8M |
| 3 |
Capital One
COF
|
+$18.4M |
| 4 |
TFCFA
Twenty-First Century Fox, Inc. Class A
TFCFA
|
+$18.2M |
| 5 |
XPO
XPO
|
+$16.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 22.34% |
| 2 | Industrials | 22.03% |
| 3 | Communication Services | 14.28% |
| 4 | Technology | 9.66% |
| 5 | Financials | 9.4% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
H&R Block
HRB
$5.82B
| $14.5M | 1.86% |
+479,988
| New | +$14.4M |
|
|
WWE
27
DELISTED
World Wrestling Entertainment
WWE
| $8.73M | 1.12% |
+302,449
| New | +$7.2M |
|
|
TFCFA
28
DELISTED
Twenty-First Century Fox, Inc. Class A
TFCFA
| $1.7M | 0.22% |
53,051
-556,549
| -91% | -$18.2M |
|
|
29
Aon
AON
$76.5B
| – | – |
-251,108
| Closed | -$21.1M |
|
30
CALL
C.H. Robinson
CHRW
$17.1B
| – | – |
-225,000
| Closed | -$13.1M |
|
31
Charter Communications
CHTR
$18.8B
| – | – |
-32,000
| Closed | -$4.38M |
|
|
32
Capital One
COF
$135B
| – | – |
-240,000
| Closed | -$18.4M |
|
33
Meta Platforms (Facebook)
META
$1.5T
| – | – |
-195,600
| Closed | -$10.7M |
|
34
CALL
Micron Technology
MU
$996B
| – | – |
-95,000
| Closed | -$2.07M |
|
35
Nexstar Media Group
NXST
$5.74B
| – | – |
-186,673
| Closed | -$10.4M |
|
36
Targa Resources
TRGP
$57.6B
| – | – |
-146,400
| Closed | -$12.9M |
|
|
TTSH
37
DELISTED
Tile Shop Holdings
TTSH
| – | – |
-834,053
| Closed | -$15.1M |
|
|
38
XPO
XPO
$23B
| – | – |
-1,852,950
| Closed | -$16.8M |
|
|
CLGX
39
DELISTED
Corelogic, Inc.
CLGX
| – | – |
-585,600
| Closed | -$20.8M |
|
|
TWC
40
DELISTED
TIME WARNER CABLE INC NEW COM STK
TWC
| – | – |
-93,850
| Closed | -$12.7M |
|
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Palestra Capital Management's Q1 2014 Portfolio in Review
As of Q1 2014, Palestra Capital Management held 40 positions worth $779M, up 60% from $487M the previous quarter. Its ten largest holdings account for 48% of the portfolio.
Palestra Capital Management deployed $278M of net new capital in Q1 2014, opening 13 new positions and adding to 13 existing holdings. Its largest new stake was Twenty-First Century Fox, Inc. Class B: 1,030,645 shares worth $32.1M.
By sector, the portfolio is most concentrated in Consumer Discretionary at 22% of assets, up from 18% a quarter earlier, followed by Industrials and Communication Services.
On the sell side, the largest reduction was Twenty-First Century Fox, Inc. Class A, an estimated $18.2M trimmed.
- Palestra Capital Management's largest Q1 2014 buy was Twenty-First Century Fox, Inc. Class B: 1,030,645 shares worth $32.1M.
- Palestra Capital Management added most to Comcast in Q1 2014, an estimated $24.1M increase.
- Palestra Capital Management's biggest Q1 2014 reduction was Twenty-First Century Fox, Inc. Class A, cutting an estimated $18.2M.
- Palestra Capital Management fully exited Aon in Q1 2014, selling an estimated $21.1M.
- Palestra Capital Management's ten largest holdings make up 48% of its $779M portfolio in Q1 2014.
- Palestra Capital Management opened 13 new positions and closed 12 in Q1 2014.
- Palestra Capital Management's portfolio value rose 60% quarter-over-quarter to $779M.
Based on Palestra Capital Management's 13F filing for Q1 2014, filed 15 May 2014.